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The Peoples Bank

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Description

Offering comprehensive SBA lending options, this financial institution specializes in supporting small businesses with their funding needs. Whether you’re looking for working capital, equipment financing, or real estate loans, they provide tailored solutions to help your business grow. Their experienced team guides clients through the application process, ensuring clarity and support at every step. With a focus on small business success, they leverage SBA programs to offer competitive rates and flexible terms. Located conveniently in Pratt, KS, they serve local entrepreneurs and business owners seeking reliable financial assistance. Their expertise extends across various industries, with a particular strength in service-oriented sectors. The bank is committed to fostering economic development in the region by providing accessible lending options. They understand the unique challenges faced by small businesses and aim to be a trusted partner in your business journey. Whether you’re just starting out or looking to expand, their SBA-backed loans can be a vital resource. Reach out today to explore how they can support your business ambitions and help you achieve your goals.

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Q&A

Lender Type
Commercial Bank
Google Rating
3.4
Google Review Count
30
Question 1
What is this place and what can I find here?
Answer 1
This is a trusted SBA lender offering small business loans, including 7(a) financing options, to support local entrepreneurs and business owners in their growth efforts.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins may be accommodated based on availability.
Question 3
What are the hours of operation?
Answer 3
The bank operates Monday through Friday from 9:00 AM to 5:00 PM, with appointments available outside these hours upon request.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to visit or consult; however, loan application fees and closing costs may apply depending on the loan type.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This lender primarily serves small business owners and entrepreneurs within the regional area, but they welcome qualified applicants from surrounding communities.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of around 640 is typically required, though higher scores improve approval chances.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process generally takes between 30 to 45 days, depending on the completeness of your application and documentation.
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